4233 Highway 411
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4233 Highway 411
16,921 SF Office Building Madisonville, TN 37354 $2,400,000 ($142/SF)
Executive Summary
Discover an exceptional investment opportunity with this 16,000+ square foot medical facility, strategically located on Highway 411 in Madisonville, TN. Boasting prime visibility and accessibility, this property is situated on approximately 1.85 acres and is designed to accommodate diverse medical practices. Currently 100% occupied, the facility hosts three well-established tenants: a general practitioner, a children’s care provider, and a dentist, ensuring a reliable and stable income stream. Each practice enjoys its own separate entrance, offering privacy and convenience for both tenants and their clients.
The property features over 75 dedicated parking spaces, ensuring ample capacity for patients and staff alike. Its high-traffic location and proximity to major thoroughfares make it an ideal choice for healthcare professionals or investors seeking a versatile, fully-leased medical asset. Don’t miss this rare opportunity to acquire a turnkey medical facility in a thriving community. Call today to schedule a showing.
The property features over 75 dedicated parking spaces, ensuring ample capacity for patients and staff alike. Its high-traffic location and proximity to major thoroughfares make it an ideal choice for healthcare professionals or investors seeking a versatile, fully-leased medical asset. Don’t miss this rare opportunity to acquire a turnkey medical facility in a thriving community. Call today to schedule a showing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
16,921 SF
Building Class
B
Year Built
1997
Price
$2,400,000
Price Per SF
$142
Tenancy
Single
Building Height
1 Story
Typical Floor Size
16,921 SF
Building FAR
0.25
Lot Size
1.56 AC
Zoning
C-3
Parking
74 Spaces (4.37 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 068A-A-017.05 | Improvements Assessment | $678,080 |
| Land Assessment | $199,960 | Total Assessment | $878,040 |
PROPERTY TAXES
Parcel Number
068A-A-017.05
Land Assessment
$199,960
Improvements Assessment
$678,080
Total Assessment
$878,040
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4233 Highway 411
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